Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stake Trimmed by Arvest Investments Inc.

Arvest Investments Inc. trimmed its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 869,405 shares of the company’s stock after selling 1,779 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 6.6% of Arvest Investments Inc.’s holdings, making the stock its 2nd biggest position. Arvest Investments Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,575,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Brown Lisle Cummings Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after purchasing an additional 200 shares during the period. MTM Investment Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after purchasing an additional 208 shares during the period. O Connor Financial Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.4% in the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after purchasing an additional 210 shares during the period. O Dell Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock valued at $782,000 after purchasing an additional 216 shares during the period. Finally, Crewe Advisors LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock valued at $1,399,000 after purchasing an additional 230 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.5 %

NYSEARCA VEA opened at $52.99 on Thursday. The company’s 50 day moving average is $50.58 and its 200-day moving average is $50.47. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.80 and a 12-month high of $53.40. The firm has a market cap of $148.90 billion, a P/E ratio of 16.97 and a beta of 0.92.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.